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Xu Xinzhong’s wonderful talk about the financial crisis and China’s economic future

Published: December 10, 2009 Edit:

w88 casino News(Reporter Ding Can)12month9日夜7 o'clock, hosted by the Student Union of the Youth League of the w88 casino of FinanceLectures for Famous University Teachers—Special Session by Xu Xinzhong, Vice Dean of Guanghua w88 casino of Management, Peking UniversityIn eruditionheld on 207. Xu Xinzhong published his new academic interpretation of the financial crisis and the rise of China in the new era, and participated in a fierce ideological collision with students from the University of w88 and Economics. Wu Weixing, deputy dean of the w88 casino of Finance, and Teng Yun, secretary of the Communist Youth League of the w88 casino of Finance, attended the lecture.

Xu Xinzhong has a high academic level and pays attention to the application value of academics. He has many years of research experience in the fields of corporate governance, behavioral finance, financial risk management and asset pricing, and has achieved fruitful research results. At the same time, he has also devoted a lot of effort and love to education and students. The theme of his speech that night was "Economic Crisis and China's Economic Future", discussing the impact of the global economic crisis on China's development and making bold predictions.

First of all, Xu Xinzhong believes that under the influence of the economic crisis, the recovery process of the world economy is still long. He took the United States as an example, and various data showed that the United States is still at a very high level of debt. In the case of high debt, the country can choose to declare bankruptcy, print money, or increase taxes accordingly, and only increasing taxes is the most feasible now. Economic recovery is notUtype, not V type, but "Nike" type.

Xu Xinzhong put forward many views and feasible measures. He used various data to show that because US consumption accounts for more thanGDP11607_11701

Xu Xinzhong also made predictions about the near future. He stated that in2010and201112719_128193-10year), he is cautiously optimistic. Xu Xinzhong believes that most countries need to undergo painful transformation, and the infrastructure construction in the economic plan will provide a foundation for medium and long-term economic growth; At the same time, he pointed out that attention should be paid to stimulating domestic consumption, accelerating the growth of farmers' income and the income of low-income groups, and the establishment and improvement of the social security system.For long term (2030), he believes that China will become a major economy in the world and will have rapid development in the urbanization, service industry, energy and environmental engineering first-level medical and health industries.

Afterwards, the students on site actively asked Xu Xinzhong questions about China’s economic development and finance, and Xu Xinzhong patiently answered them. The entire discussion was rational, profound, and forward-looking. Students from the University of w88 and Economic Cooperation enthusiastically participated, sparking ideas with the experts.

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